Page 1

Financial Summary for First Three Months of the Fiscal Year Ending March 31 , 2022 [ Japanese Accounting Standards ] ( Consolidated ) FASF Name of listed company : Code No .: FURUKAWA ELECTRIC CO . , LTD . 5801 Company Representative : Inquiries : ( Title ) President ( Title ) August 5 , 2021 Stock Listings : URL : Tokyo https://www.furukawa.co.jp/en/ ( Name ) Keiichi Kobayashi Corporate Vice President and General Manager of Investor Relations Department , Finance & Global Management Division ( Name ) Mami Masuda TEL : + 81-3-6281-8540 Planned date for submissions of quarterly report : Supplementary documents for quarterly results : Quarterly results briefing : August 11 , 2021 Yes Yes ( for institutional investors , analysts , and the media ) ( Figures are rounded down to the nearest one million yen . ) 1. Consolidated earnings for first three months of the fiscal year ending March 31 , 2022 ( April 1 , 2021 through June 30 , 2021 ) ( 1 ) Consolidated business results Net sales ( Figures in percentages denote the year - on - year change . ) Operating income Ordinary income Million yen % Three months ended June 30 , 2021 218,811 23.9 Million yen 3,783 % Million yen % 5,846 - Three months ended June 30 , 2020 176,542 A22.0 Δ1,239 Δ1,470 ( Note ) Comprehensive income : Net income attributable to owners of the parent company Million yen % 4,229 A46.0 7,830 244.9 Three months ended June 30 , 2021 : 11,459 Million yen ( 59.6 % ) , Three months ended June 30 , 2020 : 7,179 Million yen ( - % ) Net income per share Fully diluted net income per share Yen Yen Three months ended June 30 , 2021 Three months ended June 30 , 2020 60.07 111.09 ( Notes ) The " Accounting Standard for Revenue Recognition " ( ASBJ Statement No. 29 issued on March 31 , 2020 ) has been adopted from the start of the first quarter of the current consolidated fiscal year , and the figures for the first quarter of the fiscal year ending March 2022 are the figures after application of this accounting standard . ( 2 ) Consolidated financial status Three months ended June 30 , 2021 Fiscal year ended March 31 , 2021 ( Reference ) Shareholders ' equity : Total assets Net assets Capital ratio Million yen 874,843 832,044 Million yen 297,721 291,617 % 30.4 31.2 Three months ended June 30 , 2021 : 265,701 Million yen , Fiscal year ended March 31 , 2020 : 259,870 Million yen ( Notes ) The " Accounting Standard for Revenue Recognition " ( ASBJ Statement No. 29 issued on March 31 , 2020 ) has been adopted from the start of the first quarter of the current consolidated fiscal year , and the figures for the first quarter of the fiscal year ending March 2022 are the figures after application of this accounting standard . - 1 -